Fourth Poverty Reduction Support Credit

Abstract*

The fourth poverty reduction support credit (PRSC-4) for Ghana will focus on three broad components of the new poverty reduction agenda organized under: (i) accelerated private sector-led growth, (ii) vigorous human resource development, and (iii) good governance and civic responsibility. While the PRSC-4 support will translate primarily into funding for the implementation of the GPRS II, particular attention is given leveraging the poverty emphasis... Show More

Development Objective

The proposed operation is a Poverty Reduction Support Credit (PRSC) that would build on reforms carried out by the Government of Ghana and support the implementation of the Ghana Poverty Reduction Strategy II(GPRS-II). The proposed PRSC-4 will support the policies and reforms aimed at improving the living conditions of the population by promoting growth and employment, accelerating human development, and strengthening governance and public sector management as spelled out in the GPRS-II. In doing so, the fourth PRSC would continue the support provided under the first series of PRSCs aimed at helping the country attack poverty in a comprehensive manner.

Key Details

Project Details

Project ID
P095730
Status
Closed
Team Leader
Carlos B. Cavalcanti
Borrower 2
N/A

Country
Ghana
Disclosure Date
May 8, 2006
Approval Date
(as of board presentation)
June 15, 2006
Effective Date
January 17, 2006

Total Project Cost 1
US$ 140.00 million
Implementing Agency
N/A
Region
Western and Central Africa
Fiscal Year 3
2006

Commitment Amount
US$ 140.00 million
Environmental Category
N/A
Environmental and Social Risk
Not Applicable
Closing Date
July 31, 2007

Last Stage Reached
BANK APPROVED
Last Update Date
August 31, 2023

Associated Projects
P099287

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Human Development and Gender

FY17 - Education18%
- FY17 - Access to Education9%
- FY17 - Education Financing9%
FY17 - Health Systems and Policies17%
- FY17 - Health System Strengthening17%

FY17 - Private Sector Development

FY17 - Business Enabling Environment17%
- FY17 - Regulation and Competition Policy17%
FY17 - Jobs100%

FY17 - Public Sector Management

FY17 - Public Administration33%
- FY17 - Administrative and Civil Service Reform16%
- FY17 - Transparency, Accountability and Good Governance17%
FY17 - Public Finance Management17%
- FY17 - Public Expenditure Management17%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	140.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	140.00
IBRD + IDA Commitment	140.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	140.00

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

No data available.

Detailed Financial Activity as of July 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Nov 24, 2021	IDA-41860	Int Charges	458,209.78
Nov 1, 2021	IDA-41860	Loan Repay	5,401.18
May 5, 2021	IDA-41860	Int Charges	232.55
May 5, 2021	IDA-41860	Int Charges	476,157.38
May 5, 2021	IDA-41860	Int Charges	476,157.38
May 5, 2021	IDA-41860	Int Charges	1,795.12
May 5, 2021	IDA-41860	Int Charges	1,795.12
May 5, 2021	IDA-41860	Loan Repay	1,395,332.90
May 5, 2021	IDA-41860	Int Charges	232.55
Nov 9, 2020	IDA-41860	Int Charges	954.16
Nov 9, 2020	IDA-41860	Int Charges	954.16
Nov 9, 2020	IDA-41860	Int Charges	477,023.66
Nov 9, 2020	IDA-41860	Int Charges	477,023.66
Nov 9, 2020	IDA-41860	Int Charges	3,083.85
Nov 9, 2020	IDA-41860	Int Charges	3,083.85
Nov 9, 2020	IDA-41860	Loan Repay	1,387,852.60
Jun 4, 2020	IDA-41860	Int Charges	464,266.47
Jun 4, 2020	IDA-41860	Int Charges	464,266.47
Jun 4, 2020	IDA-41860	Int Charges	12,866.23
Jun 4, 2020	IDA-41860	Int Charges	12,866.23
Jun 4, 2020	IDA-41860	Loan Repay	1,339,766.20
Jun 4, 2020	IDA-41860	Int Charges	110.59
Jun 4, 2020	IDA-41860	Int Charges	110.59
Nov 5, 2019	IDA-41860	Loan Repay	1,329,546.10
Nov 5, 2019	IDA-41860	Int Charges	330.37
Nov 5, 2019	IDA-41860	Int Charges	330.37
Nov 5, 2019	IDA-41860	Int Charges	460,263.03
Nov 5, 2019	IDA-41860	Int Charges	460,263.03
Nov 1, 2019	IDA-41860	Loan Repay	12,750.61
May 13, 2019	IDA-41860	Int Charges	480,508.28
May 13, 2019	IDA-41860	Int Charges	480,508.28
May 13, 2019	IDA-41860	Loan Repay	1,327,912.80
May 13, 2019	IDA-41860	Int Charges	552.91
May 13, 2019	IDA-41860	Int Charges	552.91
May 1, 2019	IDA-41860	Loan Repay	20,922.87
Nov 21, 2018	IDA-41860	Int Charges	485,843.28
Nov 21, 2018	IDA-41860	Int Charges	485,843.28
Nov 21, 2018	IDA-41860	Loan Repay	1,327,736.40
Nov 21, 2018	IDA-41860	Int Charges	194.30
Nov 21, 2018	IDA-41860	Int Charges	194.30
Nov 1, 2018	IDA-41860	Loan Repay	21,836.99
May 1, 2018	IDA-41860	Loan Repay	17,779.66
May 8, 2018	IDA-41860	Loan Repay	1,372,299.50
May 8, 2018	IDA-41860	Int Charges	28.96
May 8, 2018	IDA-41860	Int Charges	28.96
Nov 15, 2022	IDA-41860	Loan Repay	1,211,098.50
Nov 15, 2022	IDA-41860	Int Charges	77.77
Nov 15, 2022	IDA-41860	Int Charges	77.77
Nov 15, 2022	IDA-41860	Int Charges	406,389.34
Nov 15, 2022	IDA-41860	Int Charges	406,389.34
May 4, 2022	IDA-41860	Int Charges	623.65
May 4, 2022	IDA-41860	Int Charges	436,104.25
May 4, 2022	IDA-41860	Int Charges	436,104.25
May 4, 2022	IDA-41860	Int Charges	623.65
May 1, 2022	IDA-41860	Loan Repay	38,159.56
May 4, 2022	IDA-41860	Loan Repay	1,268,597.60
Nov 24, 2021	IDA-41860	Loan Repay	1,352,322.20
Nov 24, 2021	IDA-41860	Int Charges	113.14
Nov 24, 2021	IDA-41860	Int Charges	113.14
Nov 24, 2021	IDA-41860	Int Charges	458,209.78
Nov 20, 2023	IDA-41860	Int Charges	416,536.22
Nov 20, 2023	IDA-41860	Int Charges	416,536.22
May 11, 2023	IDA-41860	Int Charges	16,975.61
May 11, 2023	IDA-41860	Int Charges	16,975.61
May 11, 2023	IDA-41860	Loan Repay	1,311,568.90
May 11, 2023	IDA-41860	Int Charges	361.45
May 11, 2023	IDA-41860	Int Charges	361.45
May 11, 2023	IDA-41860	Int Charges	411,317.34
May 11, 2023	IDA-41860	Int Charges	411,317.34
Nov 1, 2022	IDA-41860	Loan Repay	69,031.63
Nov 2, 2017	IDA-41860	Int Charges	223.84
Nov 2, 2017	IDA-41860	Int Charges	223.84
Nov 2, 2017	IDA-41860	Loan Repay	1,367,690.80
Nov 2, 2017	IDA-41860	Int Charges	25,145.73
Nov 2, 2017	IDA-41860	Int Charges	25,145.73
Nov 2, 2017	IDA-41860	Int Charges	502,626.38
Nov 2, 2017	IDA-41860	Int Charges	502,626.38
May 9, 2017	IDA-41860	Loan Repay	1,307,327.20
May 1, 2017	IDA-41860	Loan Repay	23,934.32
May 9, 2017	IDA-41860	Int Charges	469,738.28
May 9, 2017	IDA-41860	Int Charges	469,738.28
Nov 1, 2016	IDA-41860	Loan Repay	1,341,879.80
Nov 1, 2016	IDA-41860	Int Charges	503,204.94
Nov 1, 2016	IDA-41860	Int Charges	503,204.94
Nov 1, 2016	IDA-41860	Int Charges	15,768.69
Nov 1, 2016	IDA-41860	Int Charges	15,768.69
May 1, 2016	IDA-41860	Int Charges	9,732.49
May 1, 2016	IDA-41860	Int Charges	9,732.49
May 3, 2016	IDA-41860	Int Charges	495,086.84
May 3, 2016	IDA-41860	Int Charges	495,086.84
Nov 16, 2015	IDA-41860	Int Charges	874.78
Nov 16, 2015	IDA-41860	Int Charges	874.78
Nov 16, 2015	IDA-41860	Int Charges	504,505.22
Nov 16, 2015	IDA-41860	Int Charges	504,505.22
May 13, 2015	IDA-41860	Int Charges	499,381.84
May 13, 2015	IDA-41860	Int Charges	499,381.84
May 1, 2015	IDA-41860	Int Charges	14,667.36
May 1, 2015	IDA-41860	Int Charges	14,667.36
May 2, 2014	IDA-41860	Int Charges	565,171.00
May 2, 2014	IDA-41860	Int Charges	565,171.00
May 2, 2014	IDA-41860	Int Charges	6,366.43
May 2, 2014	IDA-41860	Int Charges	6,366.43
Nov 7, 2013	IDA-41860	Int Charges	553,424.70
Nov 7, 2013	IDA-41860	Int Charges	2,804.94
Nov 7, 2013	IDA-41860	Int Charges	2,804.94
Nov 7, 2013	IDA-41860	Int Charges	553,424.70
Nov 1, 2014	IDA-41860	Int Charges	1,442.94
Nov 1, 2014	IDA-41860	Int Charges	1,442.94
Nov 1, 2014	IDA-41860	Int Charges	539,960.00
Nov 1, 2014	IDA-41860	Int Charges	539,960.00
May 8, 2018	IDA-41860	Int Charges	505,607.28
May 8, 2018	IDA-41860	Int Charges	505,607.28
May 8, 2024	IDA-41860	Int Charges	1,624.59
May 8, 2024	IDA-41860	Int Charges	1,624.59
May 8, 2024	IDA-41860	Loan Repay	374,453.90
May 8, 2024	IDA-41860	Int Charges	-409,729.78
May 8, 2024	IDA-41860	Int Charges	-409,729.78
May 8, 2024	IDA-41860	Int Charges	-508.81
May 8, 2024	IDA-41860	Int Charges	-508.81
May 8, 2024	IDA-41860	Loan Repay	-1,285,426.80
May 8, 2024	IDA-41860	Int Charges	-1,624.59
May 8, 2024	IDA-41860	Int Charges	-1,624.59
Jun 15, 2006	IDA-41860	Loan Commitment	140,000,000.00
May 28, 2024	IDA-41860	Int Charges	510.93
May 28, 2024	IDA-41860	Int Charges	411,434.22
May 28, 2024	IDA-41860	Int Charges	411,434.22
May 8, 2024	IDA-41860	Int Charges	1,624.59
May 8, 2024	IDA-41860	Int Charges	1,624.59
May 8, 2024	IDA-41860	Loan Repay	1,285,426.80
May 8, 2024	IDA-41860	Int Charges	508.81
May 8, 2024	IDA-41860	Int Charges	508.81
May 8, 2024	IDA-41860	Int Charges	409,729.78
May 8, 2024	IDA-41860	Int Charges	409,729.78
May 28, 2024	IDA-41860	Int Charges	510.93
May 28, 2024	IDA-41860	Loan Repay	914,762.40
Nov 20, 2023	IDA-41860	Int Charges	16,393.61
Nov 20, 2023	IDA-41860	Int Charges	16,393.61
Nov 20, 2023	IDA-41860	Loan Repay	1,296,666.80
Nov 20, 2023	IDA-41860	Int Charges	270.14
Nov 20, 2023	IDA-41860	Int Charges	270.14

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Progress towards achievement of PDO	Satisfactory	2006-10-05
Monitoring and Evaluation	Satisfactory	2006-10-05
Program Management	Satisfactory	2006-10-05

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 04-01-2010
Outcomes	Moderately Satisfactory
Risk to Development Outcome	Modest
Bank Performance	Moderately Satisfactory
Borrower Performance	Moderately Satisfactory
Government Performance	Moderately Satisfactory
Implementing Agency	Moderately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 06-30-2010	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Satisfactory	N/a
Risk To Development Outcome	Significant	N/a
Bank Performance	Satisfactory	N/a
Borrower Performance	Moderately Satisfactory	N/a
Government Performance	Moderately Satisfactory	N/a
Implementing Agency	Moderately Satisfactory	N/a
Icr Quality	Satisfactory	N/a
M&e Quality	Modest	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

National Primary Gross Enrollment increased. Value 81 % in 2003 85.5 % in 2005 107.4% in 2015
Date July 27, 2003 September 18, 2005 September 30, 2015
Comment

Comphrensive of CAGD reports increased, as measured by the share of public resources reported in the budget execution.	Value	51% in 2004	57% in 2005	75% in 2009
	Date	June 7, 2004	July 27, 2005	September 30, 2009
	Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Credit to private sector as a share of domestic credit increased. Value 51% in 2004 57% in 2005 65% in 2009
Date June 7, 2004 July 27, 2005 September 30, 2009
Comment
ECG System Loses reduced. Value 25.5% in 2005 25.5 % in 2005 18% in 2009
Date July 27, 2005 September 18, 2006 September 30, 2009
Comment
Time for business registration reduced. Value 85 days in 2004 81 days in 2005 25 days in 2009
Date June 7, 2004 July 27, 2005 September 30, 2009
Comment
Budget executioin rate of non-salary expenditures in education increased. Value 80% in 2004 85% in 2005 100% = 2009
Date June 7, 2004 July 27, 2005 September 30, 2009
Comment
Ratio of population per nurse in the four deprived areas. Value 2,000:1 in mid-2002 1,450 in mid-2005 1,500:1 in 2009
Date June 7, 2002 July 7, 2005 September 30, 2009
Comment
Ratio of population per doctor in the four deprived regions Value 16,500:1 in mid-2002 9,174:1 in mid-2005 9,000:1 in 2009
Date June 6, 2002 July 7, 2005 September 30, 2009
Comment
Percentage of supervised maternal deliveries increased Value 525 in 2002 54% in 2005 65% in 2009
Date June 6, 2002 July 7, 2005 September 30, 2009
Comment

National Primary Gross Enrollment increased.	Value	81 % in 2003	85.5 % in 2005	107.4% in 2015
	Date	July 27, 2003	September 18, 2005	September 30, 2015
	Comment

ECG System Loses reduced.	Value	25.5% in 2005	25.5 % in 2005	18% in 2009
	Date	July 27, 2005	September 18, 2006	September 30, 2009
	Comment

Time for business registration reduced.	Value	85 days in 2004	81 days in 2005	25 days in 2009
	Date	June 7, 2004	July 27, 2005	September 30, 2009
	Comment

Budget executioin rate of non-salary expenditures in education increased.	Value	80% in 2004	85% in 2005	100% = 2009
	Date	June 7, 2004	July 27, 2005	September 30, 2009
	Comment

Ratio of population per nurse in the four deprived areas.	Value	2,000:1 in mid-2002	1,450 in mid-2005	1,500:1 in 2009
	Date	June 7, 2002	July 7, 2005	September 30, 2009
	Comment

Ratio of population per doctor in the four deprived regions	Value	16,500:1 in mid-2002	9,174:1 in mid-2005	9,000:1 in 2009
	Date	June 6, 2002	July 7, 2005	September 30, 2009
	Comment

Percentage of supervised maternal deliveries increased	Value	525 in 2002	54% in 2005	65% in 2009
	Date	June 6, 2002	July 7, 2005	September 30, 2009
	Comment